Our US Reinsurance Underwriting team is looking for a Trainee Underwriter to provide day-to-day support to our busy and growing desks.

The main purpose of this role is to support Reinsurance Underwriting in delivering a high-quality client service and you will ensure that new and renewal business is processed to agreed service standards.

Key Responsibilities

To support the Underwriting teams and the Underwriting Support Assistant team in delivering a high-quality client service. To ensure that new and renewal business are processed to agreed service standards. Reporting directly to the Underwriter, your key responsibilities will include:

Build good working relationships with underwriting teams and ensure that underwriting management are regularly communicated with and kept up to date
Support the Underwriting Support Assistant team who will be taking ownership of all aspects of the administration and referrals
Learn and develop an understanding of the relevant line of business
Pre-underwriting calculations and work as directed by the underwriter
Attend peer review meetings and participate in discussions on risks within the division. To ensure peer review packs/meeting preparation is completed and logged on the underwriting system
Produce and collate data for business planning
To manage the flow of bound risks received from the underwriters.
Run underwriting and MI reports as required
To assist with recording all new business renewals
To ensure all processing and credit control queries are answered within SLA time frames
To provide general assistance to underwriters with all administrative duties
To liaise with brokers upon request in additional to internal departments such as credit control, claims & compliance
To work in conjunction with the booking and underwriting teams to ensure efficient working practices are in place e.g., identifying process improvements, providing feedback to reduce rework or errors and escalate any blockages to the team leader
To be aware of the regulatory impact and ensure all underwriting activity is always within the guidelines
To work within the Company’s code of conduct

About Convex Insurance

In 2019, Stephen Catlin and Paul Brand co-founded Convex with $1.7bn of initial committed capital to underwrite insurance and reinsurance for complex specialty risks. The company has since received an A.M. Best rating of A (Excellent) and regulatory approval to operate in London, Bermuda, Luxembourg and United States.

We have also welcomed leaders in their fields from across the insurance industry, bringing a diversity of thought and approach.

We live our values in every facet of our business:

Earn our reputation

Everything we do affects how others see us. Our success depends upon our reputation, for which all of us share responsibility.

Straightforward and fair

We tell it like it is, with fairness, dignity and respect. We strive to do the right thing always, however hard it seems.

Determined to improve

However good we are, we are not complacent. We know we can always be better and we never stop trying to improve.

Inspired by opportunity

We come to the market and to every client engagement without baggage. There is no limit to what we can achieve together.

Enjoy being different

We feel positive about change and we are not afraid to try new things in our quest for a better way for clients, stakeholders and colleagues to do business.

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